Michael Burry: “The CPI news this morning was so awful the weakest sector broke. In bond jargon, MBS went no-bid. No buyers for MBS.

Sharing is Caring!

View post on imgur.com

Cassandra B.C.
@michaeljburry

Transitory, no. Peak, no. To the moon? If you mean a cold
dark place.

“The CPI news this morning was so awful that it changed the
bond market’s view of Fed trajectory, and the weakest sector
broke. In bond jargon, MBS went “no-bid.” No buyers for MBS.”

www.cherrycreekmortgage.com/lous-credit-news


h/t dr0id

See also  Michael Burry Scatter Chart of the Coming Bank Failures
Trending:
See also  Get Woke Go Broke...then The Taxpayers Will Bail You Out

Views: 998

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.